Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.028%
Price spread now: Aster against Coinbase International+0.585%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs+$6as in the Price arb table
costs, in and out, $10k−$560.562% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.475%−$47 on $10k
Price spread, last 4 days (all we have)−0.628%−$63 · spread now +0.585%, 7d avg −0.033%
Together, before fees−1.103%+ Points / potential airdropAster: Stage 5 · farm board−$110 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.618% dearer against Coinbase International than usual: you sell high and buy low (spread +0.585% now, against its 7-day average of −0.033%): +$62 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 days. At the pace of the last 7 days (−0.475% in total) that is about 9.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MRVL-PERP-INTX253.600.0096pay 0.0012% / 1h15m 07s$318K$634K10x
ShortAster MRVLUSDT255.080get 0.0000% / 8h2h 15m$301K$341K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$20.16
Price spread: +0.585% → −0.033%
$61.81
Slippage, 4 orders
−$38.2
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$14.54
Costs to cover
0.562%
Break-even
from the start
Slippage from Coinbase International: live order book, 33 min ago; Aster: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 33 min ago4.88 bp10.3 bp −$1013.1 bp −$131doesn't fitdoesn't fit
Sell Aster live order book, 32 min ago3.51 bp18.9 bp −$19doesn't fitdoesn't fitdoesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MRVLUSDT−0.0916%8h254.97+0.540%$5.5M$16.9M20xas long as short
Aster MRVLUSDTshort0.0000%8h255.08+0.585%$301K$341K50x
Extended MRVL-USD0.0000%1h254.75+0.454%$46K$270K10xas long as short
Binance MRVLUSDT0.0000%8h255.05+0.573%$23.5M$112.0M50xas long as short
Bybit MRVLUSDT0.0000%8h254.96+0.536%$5.0M$4.0M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h255.11+0.595%$6.8M$23.5M50xas long as short
Gate MRVL_USDT0.0000%8h254.87+0.501%$5.2M$8.6M50xas long as short
Variational Omni MRVL0.0000%8h254.80+0.474%$707K$487Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h254.75+0.453%$548$191K10xas long as short
SunX MRVL-USDT0.0000%8h254.80+0.473%$1K$6.0M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit MRVL_USDC-PERPETUAL0.0000%1h254.69+0.430%$22K$144K10xas long as short
HTX MRVL-USDT0.0000%8h254.44+0.331%$130K$47K50xas long as short
BloFin MRVL-USDT+0.0013%8h254.79+0.469%$363K$180K50xas long as short
Aftermath Perps MRVLUSD+0.0017%1h254.57+0.381%$591$48K10xas long as short
QFEX MRVL-USD+0.0030%1h254.81+0.477%$1.1M$3.5M10xas long as short
Lighter MRVL+0.0032%1h254.69+0.430%$88K$202K10xas long as short
Arcus MRVL-USD+0.0040%1h254.59+0.390%$23K$27K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h255.06+0.576%$51K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h254.86+0.497%$14.0M$8.8M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h254.64+0.410%$101K$80K10xas long as short
SoDEX MRVL-USD+0.0050%1h254.87+0.501%$158$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h254.77+0.461%$561K$747K10xas long as short
Paradex MRVL-USD-PERP+0.0052%8h254.67+0.421%5xas long as short
Nado MRVL-PERP+0.0089%1h254.67+0.421%$87K$272K10xas long as short
Coinbase International MRVL-PERP-INTXlong+0.0096%1h253.60long leg$318K$634K10x
KuCoin MRVLUSDTM+0.0100%8h254.78+0.465%$503K$64K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h254.96+0.536%$4K$139K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h254.81+0.477%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h254.78+0.466%$1810xas long as short
Phoenix MRVL+0.0157%1h255.07+0.580%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h258.64+1.987%$11K$73512xas long as short
edgeX MRVLUSDC+0.0904%4h255.07+0.579%$36K$375K10xas long as short